(at the request of House Interim Committee on Economic Development and Small Business for Dave Tovey, Nixyaawii Community Financial Services, James Parker, Northwest Native Chamber)
Chief Sponsors:
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Remove
Regular Sponsors:
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Bill Title:
Relating to economic equity investment; declaring an emergency.
Catchline/Summary:
Appropriates moneys from the General Fund to the Oregon Business Development Department to be used for the Economic Equity Investment Program. Digest: The Act funds and updates the equity grant program. (Flesch Readability Score: 75.5).
Appropriates moneys from the General Fund to the Oregon Business Development Department to be used for the Economic Equity Investment Program. Includes membership in, or descent from a member of, a state or federally recognized Indian tribe as an economic equity risk factor. Authorizes grant recipients to allocate grant moneys to any entity lawfully organized and operating under state law. Requires the department, during the rulemaking process, to consult the persons and communities most likely to be affected by the program.
Declares an emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 4041 House Committee On Economic Development and Small Business
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